Nano Labs Launches New Line of Corrosion Protection Coatings
November 13 2013 - 11:13AM
Nano Labs Corp. ("Nano Labs" or the "Company") (OTCBB:CTLE) is
pleased to announce the development of a next-generation nano
coatings specifically designed for corrosion protection.
The Company will be filing a patent application on this
innovative technology, marketing another important breakthrough for
the U.S.-based nanotechnology development company in the execution
of its coatings business strategy in the oil and gas industry.
The new nano coating forms an aluminized layer against moisture,
oils, fuels and other chemicals. The proprietary system generates a
surface effect that "pushes" the aluminum particles of micro and
nano scale toward the outer layer providing a highly resistant,
anti-corrosion protection coating.
"This new invention is a technology-oriented protection against
the corrosion phenomena taking place in the global oil industry. It
has historically been characterized by high corrosion activity in
all stages of production, transportation and processing," states
Dr. Castano, Chief Research and Innovations Officer, Nano Labs. "In
this industry, corrosive wear determines the duration and
fail-safety of equipment, the duration of overhaul periods, and the
expenses of equipment and repairs. The losses caused by corrosion
not only include the loss of metal mass but also the loss of
equipment functionality. Our coating method, wherein the
pre-polymer gives insulating protection against moisture, oil, fuel
and other chemicals, presents a unique protective layer against
corrosion and other physical and chemical threats affecting
pipelines. Further to this, many current products on the market
today use unacceptable materials such as chromium salts, which in
some countries have become restricted because chromium is highly
toxic and a proven carcinogen. Our solution provides an
alternative, environment-friendly solution to cope with corrosion
in the oil industry."
"Every year, billions of dollars are spent on capital
replacement and control methods for corrosion infrastructure,"
states Mr. Bernardo Camacho, President of Nano Labs. "Preventing
corrosion is crucial to protecting the environment and the economy.
We believe we have a unique and innovative solution that can help
address both these issues."
The Company plans to release further information and the
physical and chemical properties in the coming weeks. For immediate
additional information, please contact Mr. Bernardo Camacho,
President of Nano Labs.
About Nano Labs Corp.
Nano Labs Corp. (the " Company") (OTCBB Ticker Symbol "CTLE") is
a nanotechnology research and development company which began
during October 2012, but is able to access resources that encompass
nearly 30 years of research and development in nanotechnology as
well as hundreds of peer-reviewed and published research papers and
other scholarly material. The Company's research and development
team of scientists, designers, and engineers is focused on creating
a portfolio of advanced products that could provide benefits to a
variety of industries including: (i) consumer products, (ii)
energy, (iii) materials, and (iv) healthcare. Through the use, and
integration of proprietary nano compounds, our goal is to evolve
common products, into new, revolutionary products, in order to make
the world a better place. Nano Labs shares are traded on the OTC
Bulletin Board in the United States under the ticker CTLE. For more
information, please visit www.Nanolabs.us
The Nano Labs Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16293
Forward looking statements
This press release contains forward-looking information within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1993 and Section 21E of
the Securities Exchange Act of 1934 and is subject to the safe
harbor created by those laws. These forward-looking statements are
based upon a number of assumptions and estimates that are subject
to significant uncertainties that involve known and unknown risks,
many of which are beyond our control and are not guarantees of
future performance. Actual outcomes and results could materially
differ from what is expressed, implied, or forecasted in any such
forward-looking statements and any such difference may be caused by
risk factors listed from time to time in the Company's news
releases and/or its filings with the OTC Bulletin Board or as a
result of other factors.
CONTACT: Mr. Bernardo Camacho Chavarria
President, Nano Labs
1 (888) 806-2315